Business Overdraft Protection — Give yourself and your business a little added flexibility for those times when opportunity knocks…but won’t wait.
Affinity Bank offers you a choice of two products to protect you from having checks returned due to insufficient funds, one of which provides you with the added flexibility of a line of credit for unexpected expenses.
Serves as overdraft protection and a line of credit
Repayment flexibility – minimum payment due automatically deducted from your business checking account each month – additional payments can be made by phone, online or at any Affinity Bank branch
Save money – a fee applies for each transfer†, however these fees are likely much lower than fees for returned checks
All transfers and associated transfer fees are reported on your monthly business checking account statements
Transfers funds automatically into your business checking account as needed
Allows savings account funds to continue to earn interest
Save money – there is an annual fee† for Business Savings Overdraft Protection plus a fee applies for each transfer, however these fees are likely much lower than fees for returned checks
All transfers and associated transfer fees are reported on your monthly business checking account statements
† For associated fees or finance charges, please refer to the Business Schedule of Fees and Charges or the Business Banking Account Agreement.
This is not a commitment to lend. All financing requires credit approval. For complete details and fees, please refer to Business Banking Schedule of Fees and Services or Business Account Agreement. Terms and conditions subject to change. Financing limited to businesses located in California.
